600231.SS
Price:
$1.88
Market Cap:
$5.24B
Lingyuan Iron & Steel Co., Ltd. engages in the production, operation, and development of metallurgical products; and mining, washing, and deep processing of ferrous metal ores in China. The company offers hot-rolled round steel, rebars, medium and wide belts, wire rods, and welded steel pipes. It also exports its products to approximately more than 30 countries. The company is based in Lingyuan, China.
Industry
Steel
IPO Date
2000-05-11
Stock Exchange
SHH
Ticker
600231.SS
According to Lingyuan Iron & Steel Co., Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 0.54. This represents a change of -2.10% compared to the average of 0.55 of the last 4 quarters.
The mean historical Current Ratio of Lingyuan Iron & Steel Co., Ltd. over the last ten years is 0.79. The current 0.54 Current Ratio has changed 6.76% with respect to the historical average. Over the past ten years (40 quarters), 600231.SS's Current Ratio was at its highest in in the September 2021 quarter at 1.08. The Current Ratio was at its lowest in in the June 2024 quarter at 0.53.
Average
0.79
Median
0.75
Minimum
0.56
Maximum
1.06
Discovering the peaks and valleys of Lingyuan Iron & Steel Co., Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 37.97%
Maximum Annual Current Ratio = 1.06
Minimum Annual Increase = -23.70%
Minimum Annual Current Ratio = 0.56
Year | Current Ratio | Change |
---|---|---|
2024 | 0.57 | -21.67% |
2023 | 0.73 | -15.98% |
2022 | 0.87 | -17.69% |
2021 | 1.06 | 8.47% |
2020 | 0.98 | 12.80% |
2019 | 0.87 | 13.06% |
2018 | 0.77 | 3.53% |
2017 | 0.74 | 31.38% |
2016 | 0.56 | -23.70% |
2015 | 0.74 | 37.97% |
The current Current Ratio of Lingyuan Iron & Steel Co., Ltd. (600231.SS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.73
5-year avg
0.84
10-year avg
0.79
Lingyuan Iron & Steel Co., Ltd.’s Current Ratio is less than Nanjing Iron & Steel Co., Ltd. (0.77), greater than Gansu Jiu Steel Group Hongxing Iron & Steel Co.,Ltd. (0.38), less than Hang Zhou Iron & Steel Co.,Ltd. (1.37), greater than Maanshan Iron & Steel Company Limited (0.45), greater than Anyang Iron and Steel Co., Ltd. (0.53),
Company | Current Ratio | Market cap |
---|---|---|
0.77 | $27.93B | |
0.38 | $9.27B | |
1.37 | $30.70B | |
0.45 | $22.88B | |
0.53 | $6.23B |
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